$5 Billion: Crypto Exchange FCoin Draws Criticism Over “Disguised ICO” Revenue Model – CryptoGlobe


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$5 Billion: Crypto Exchange FCoin Draws Criticism Over “Disguised ICO” Revenue Model
CryptoGlobe
Per the crypto exchange's whitepaper, whenever its users pay trading fees on its platform, they're reimbursed in FT tokens, essentially meaning the fees, in BTC or ETH, are used to pay for the FT tokens as if it were an initial coin offering (ICO ...

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